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JGF sets up dairy products mfg plant in UP valued at Rs 150 crore
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Monday, 23 January, 2023, 12 : 00 PM [IST]
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Our Bureau, Mumbai
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Jayshri Gayatri Food Products have expanded their manufacturing capacity by setting up a new manufacturing plant in Kanpur District - Village Kumbhi. This new set-up, JGF Industries Pvt Ltd, is valued at Rs 150 crore and has been implemented within six months.
JGF Industries has been set up on 14 acre of land and will be employing about 500 people to run the plant at full capacity. The new unit has been strategically located to meet the manufacturing demand of JGF while it will also boost milk procurement from local suppliers in the state (Uttar Pradesh).
Kishan Modi, managing director, Jayshree Gayatri Food Products, said, “We are grateful to Chief Minister Yogi Adityanath ji for enabling ease of setting up business in Uttar Pradesh through Atal Poorvanchal Udyogik Vikas Parishad, and encouraging entrepreneurs like me to contribute towards the region's socio-economic growth. Besides the manufacturing unit, we are also setting up state-of-the-art chilling centres and milk collection centres (MCC) at various locations in the catchment and will rope in 1.5 lakh to 2 lakh farmers under our umbrella.”
Speaking about investments in setting up JGF Industries in Uttar Pradesh, Nutan K Choudhry, CFO, of JGF Group, said, “This new factory of JGF Industries, which has been implemented within the record time of only six months with a direct investment of Rs 150 crore would have been a challenge without the support of Atal Purvanchal Udyogik Vikas Parishad facilitating single-window and ironing out any/all industry related bottlenecks while following full statutory compliances, as per law. Our new factory will be creating backward and forward integration vendors, boosting the economic growth of the region.”
The factory is all set to begin manufacturing value-added milk products like ghee, dahi, UHT milk, buttermilk, skimmed milk powder, whole milk powder, rennet caseinate, sodium caseinate, fat filled powder, among other products.
Over the years JGF has enjoyed a strong foothold in the B2B segment of the domestic as well as the export markets. Constantly delivering to the high-quality standards of the export markets and an overwhelming acceptance from global consumers, JGF saw a huge potential of introducing a wide product basket under its brand ‘JGF Milk Magic’ in the Indian domestic consumer market.
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